Central European Midday Report: "Challenges and Celebrations in Europe's Path to Integration and Economic Stability"

Cristina Gherasimov Celebrates Europe Day in Bălți:

On Sunday, May 19, Deputy Prime Minister for European Integration, Cristina Gherasimov, visited Bălți to celebrate Europe Day alongside hundreds of residents. The event was also attended by Deputy Speaker of Parliament Doina Gherman, Ambassador Jānis Mažeiks, and several EU member country ambassadors. Gherasimov expressed her pleasure in connecting with the people and discussing the benefits of EU accession for Moldova. She emphasized that European integration is a unifying project that promises a peaceful and prosperous future for all citizens. Gherasimov congratulated the residents and thanked everyone for celebrating the diversity and beauty of the European project, reinforcing their commitment to a European future for Moldova.

IER Report: Inflation and Economic Challenges in Bulgaria:

The Institute for Economic Research (IER) at the Bulgarian Academy of Sciences (BAS) predicts that Bulgaria's inflation will gradually decrease but remain higher than usual due to external factors and misaligned income policies. This could delay eurozone membership until after 2025. The IER's annual report highlights that domestic demand will drive economic growth, which is expected to recover to pre-pandemic levels by 2026. Recommendations include activating investment activity, restructuring the labor market for green and digital transitions, and implementing fiscal consolidation. The report also addresses Bulgaria's high levels of energy poverty and calls for a comprehensive policy to support energy-poor households through targeted investments and measures in energy efficiency and decarbonization.